Business Idea: India is an agricultural country. Most of the population of the country is dependent on agriculture. But there is a product which was not cultivated in India. And this product always has a presence in the kitchen.
We are talking about asafoetida. Asafoetida was not cultivated in India, but its cultivation has started in Himachal Pradesh. If you also want to earn better in today’s economic age, then you can easily earn lakhs of rupees through the cultivation of asafoetida.
PM Modi said this about asafetida
The Prime Minister of the country, Narendra Modi had given a big statement regarding asafoetida, he had said that India will no longer have to depend on the countries of the world for asafetida. Let us tell you that asafoetida is grown in Afghanistan, Iran and some countries of Central Asia. But it is produced on a large scale in southern Iran. Asafoetida production is highest near the city of Lar in southern Iran.
If you want more income in less expenditure, then start the journey of farming with the cultivation of Lemongrass and Khus
Asafoetida is called the Food of Gods in Iran. It is used as medicine in some countries of the world. India is the only country where it is still being used as a spice. 40 percent of the world’s asafetida is used in India and it is impossible not to have asafetida in the kitchen.
Farming started in India in 2020
Asafoetida cultivation has now started in India. It has started in the year 2020 in Himachal Pradesh. Farmers have started cultivation of asafoetida in the Lahaul Valley of Himachal. For this he has got help from Himalayan Bioresource Technology (IHBT).
how much to invest
The cost of cultivation of asafoetida will be Rs 3 lakh per hectare. Cultivation in the fifth year of this cost will give a maximum benefit of up to Rs 10 lakh.
how much will you earn
The price of one kg asafoetida in the market is about 35 to 40 thousand rupees. So if you sell 5 kg asafoetida in a month then you can easily earn Rs 2,00,000 per month.
Business Idea: Get strong profit in this business at low cost, earn extra lakhs of rupees with job
Can tie up with companies
To earn more than this, tie-ups can also be done with big companies. Apart from this, sales can be done by listing the product on the online platform. In this, you can easily earn up to 3 lakh rupees every month.
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